A general name for wealthy males or the male children of the Nuevo riche. It is a country club reference (that is to say, it began by watching people in country clubs). It can be used to describe: frat boys, rich politicians, company owners who inherited their company or country club goers.
White hats make millions off the labor of the poor.
by YesYes October 23, 2006
An interesting species most often associated with the common frat boy. He is most easily identified by his wearing of a white baseball cap with his college/favorite sports team embroidered on it. Behaviors most often noted are drunkenness, brawling, and ridicule of all things that are not like them and their kind.
Two white hats began fighting in the middle of the street, outside of the sports bar, after one of them had looked at the other one'd girl.
by Girl Friday January 22, 2004